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Tuesday, Jan 25, 2022
Outlook.com
Outlook.com

Reserve Bank Of India (RBI)

RBI Supersedes Reliance Capital's Board

Nov 29, 2021 Outlook Business Team

The Reserve Bank of India stated that it decided to supersede Reliance's Board owing to defaults in meetings payment obligations to its creditors and serious governance concerns.

RBI Fines State Bank Of India Rs 1 Crore

Nov 26, 2021 Outlook Business Team

RBI said in its order that the State Bank of India held excess shares in borrower companies which exceeded thirty per cent of the paid-up share capital of the companies.


RBI Provides Draft Scheme For Takeover Of PMC Bank By Unity Small Finance Bank

The Unity Small Finance Bank started its operations as a small finance bank (SFB) from November 1. It had been issued a licence under Section 22 (1) of the Banking Regulation Act (1949) for operating as an SFB in India.

Reinvigorating Private Investment Crucial For India To Realise Complete Growth Potential: RBI Gov

Nov 16, 2021 Outlook Business Team

RBI Governor Shaktikanta Das said thought though the economy is picking up pace, there is a lot of ground left to cover.


How RBI Integrated Ombudsman Scheme Will Help Customers

The RBI Integrated Ombudsman scheme is based on ‘One-Nation Ombudsman’ with one portal, one email, and one address for the customers to lodge their complaints. Know what this scheme entails and how it can help redress the grievances of bank customers.

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10 November, 2021

Cryptocurrency Is A 'Serious Concern' From Macroeconomic Perspective: RBI Chief

Outlook Business Team

The RBI Governor stated that the cryptocurrency market is highly unregulated and therefore acquiring complete information is difficult.


09 November, 2021

RBI Lifts Restrictions On Diners Club From On-boarding New Customers

Outlook Business Team

RBI in April had barred Mastercard, American Express and Diners Club from onboarding new customers for failing to comply with data localisation norms.


01 November, 2021

Centrum-BharatPe's Unity Small Finance Bank Begins Operations

Outlook Business Team

The apex banker informed that the promoter of the Unity Small Finance Bank Limited, Centrum Financial Services was granted an 'in-principle approval to set up a small finance bank on June 18.


30 October, 2021

Citizen's Belief In The Country's Economic Future Has Diminished: Raghuram Rajan

Outlook Business Team

The former RBI chief added that the booming stock market does not reflect the reality that many Indians are in distress.


30 October, 2021

What Makes Retired Bureaucrat Shaktikanta Das The Favourite Of Narendra Modi Govt?

Rajiv Ranjan Singh

Shaktikanta Das came at a time when India was reeling from the double whammy of demonetization and the GST regime.


29 October, 2021

RBI Governor: Centre Extends Shaktikanta Das's Tenure By 3 More Years

Outlook Web Desk

According to an official order, the government has reappointed Das as the governor of the central bank for a period of three years beyond December 10, 2021.


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27 October, 2021

RBI Approves Baldev Prakash As Jammu And Kashmir Bank CEO

Outlook Business Team

The appointment of Baldev Prakash as MD & CEO by the Board of the Bank and the actual date of his taking charge shall be communicated separately.


25 October, 2021

RBI’s Sovereign Gold Bond Scheme Open For Subscription. Should You Invest?

Meghna Maiti

A fresh tranche of RBI’s Sovereign Gold Bonds (SGB) Scheme 2021-22 is open till October 29.


22 October, 2021

India's Foreign Exchange Reserves Rise By $1.49 Billion To Touch $641 Billion

Outlook Business Team

Special drawing rights with International Monetary Fund (IMF) fell by $21 million to reach $19.25 billion in the reporting week. India's reserve position with the IMF rose $6 million to reach $5.23 billion.


20 October, 2021

RBI Imposes Rs 1 Crore Fine On Paytm Payments Bank

Outlook Business Team

Additionally, the RBI imposed a penalty of approx Rs 27.8 lakhs on Western Union Financial Services (WUFSI) for non-compliance with provision laid out in the Master Direction on Money Transfer Service Scheme (MTSS Directions) dated February 22, 2017.


20 October, 2021

Your FD Real Returns May Have Turned Negative After RBI Slashes Inflation Projection By 40 Percentage Points

Pushpita Dey

With FD rates at an all-time low, inflation and tax outgo will erode your investment. This may hit senior citizens the most.


19 October, 2021

Time Is Right For India To Embark On New Trajectory Of Sustainable Growth: RBI Article

Outlook Business Team

Domestic demand is gaining strength while aggregate supply conditions are recouping, powered by the robust performance of kharif agricultural production.


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18 October, 2021

RBI Fines Standard Chartered Rs 1.95 Crore, SBI Rs 1 Crore For Not Complying With Cyber Security Regulations

Outlook Business Team

"This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the apex banker stated.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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Short Story

‘Laab’ In The Mountains

He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.

Graphic Novel

Play Us A Memory, Violin Man

They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.

Chinki Sinha
Play Us A Memory, Violin Man

Fact-Check

It’s Just Numbers, Love

Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.

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It’s Just Numbers, Love

Opinion

The Future of Universities: Can India Overcome The Digital Divide?

The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

Jan 15, 2022 Saikat Majumdar

Super Immunity, Natural Vaccines, Covid Gods: A Desi Guide To Denying The Pandemic

Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

Jan 08, 2022 Rakhi Bose

What Is The Future Of The Liberal Arts In Asia?

Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

Jan 01, 2022 Saikat Majumdar

Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

Dec 28, 2021 Tanvir Aeijaz